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30 out of 47 cos that raised fund via qip are trading below issue price - Search

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l&t finance holdings up 3% on preferential issue to l&t; qip opens




l&t finance holdings (ltfh) was trading 3% higher at rs 163 on the bse after the company said it has raised almost rs 20 billion from preferential allotment of shares to its promoter larsen & toubro (l&t).“the company completed the preferential allotment to l&t, of 107.81 million equity shares of ...



30 out of 47 cos that raised fund via qip are trading below issue price




a fall in the equity market over the last few weeks has put investors that subscribed to the qualified institutional placement (qip) issues at a loss. of the 47 companies that raised funds via this route thus far in the financial year 2017 – 18 (fy18), stocks of 30 companies are now trading below ...



downer shares slump as fund managers shun its billion-dollar share issue




fund managers have been unimpressed by downer edi's onerous share issue to fund its $1.3 billion acquisition of spotless, shunning the raising and leaving the underwriter with a thumping shortfall to cover.in response, downer shares fell a heavy 21 per cent to $5.44 when trading resumed on fri...



downer shares slump as fund managers shun its billion-dollar share issue




fund managers have been unimpressed by downer edi's onerous share issue to fund its $1.3 billion acquisition of spotless, shunning the raising and leaving the underwriter with a thumping shortfall to cover.in response, downer shares fell a heavy 21 per cent to $5.44 when trading resumed on fri...



from d-mart to gic, nia, hdfc life and more: top 10 biggest ipos of 2017




the year 2017 has been a bumper one for initial public offerings (ipos) on dalal street, with as many as 167 issues hitting the stock market and raising rs 68,810 crore so far. this is much more than the cumulative rs 50,930 crore garnered in the past five calendar years. general insurance corporati...



retail investors miss rally in hdfc standard; stock up 35% to issue price




retail investors have missed the rally in hdfc standard life insurance company as the stock rallied 35% against its issue price.the stock of the insurance company hit an intra-day high of rs 391, its highest level since listing on friday, november 17, 2017. it rallied 35% against its issue price of ...



30 of 47 firms that raised funds via qip are trading below issue prices




illustration by ajay mohanty a fall in the equity market over the past few weeks has left investors that subscribed to the qualified institutional placement (qip) issues in a quandary. the stocks of 30 of the 47 companies that have raised funds via this route so far in the 2017-18 financial year (fy...



kkr raises bid price for hitachi kokusai, extends tender offer to dec 8




us buyout fund kkr & co lp has raised its offer price for japan's hitachi kokusai electric inc to 3,132 yen a share from 2,900 yen, its second increase, according to a statement issued by hitachi kokusai on friday. kkr also extended the deadline for the tender offer - originally friday - to december...



markets live: sensex opens lower, nifty below 11,100 on global cues




sectoral trend sensex top gainers and losers markets at open   at 9:17 am, the s&p bse sensex was trading at 36,193, down 90 points while the broader nifty50 index was trading at 11,085, down 44 points galaxy surfactants ipo is open for subscription. should you invest?   the company has set a pric...



govt raises rs 14,500 cr from first tranche of bharat 22 etf




the government has raised rs 14,500 crore through the bharat 22 exchange traded fund (etf), comprising 22 companies, a top official said today. "we have decided to retain rs 14,500 crore of the total subscription that has come in for bharat 22 etf," department of investment and public asset manageme...



basmati rice stocks rally; krbl up 8% on fund buying




shares of basmati rice producers rallied by up to 15% on the bse on back of heavy volumes in otherwise subdued market after the pabrai investment fund bought nearly three percentage point stake in krbl through open market purchases. kohinoor foods (up 15% at rs 79.85), krbl (8% at rs 647) and lt foo...



concern brewing among fund managers over greece's five-year bond issue | busines




the initial enthusiasm of fund managers who participated in greece’s first five-year bond issue after three years on july 25, 2017 is beginning to give way to concern. after 16 trading sessions, the yield on the 5-year bond stands at 4.65 percent, compared to the original yield of 4.47 percent on ...



sagar cements rallies 24% in four days on hdfc mutual fund stake buys




sagar cements hit a new high of rs 1,048, up 15% on bse in intra-day trade, extending its past three days gain after the hdfc mutual fund bought an additional more than two percentage point stake in the company through open market. in past four trading sessions, the stock rallied 24% from rs 843 on ...



future supply chain shares gain over 3% in trading debut




shares of future supply chain solutions, the logistics arm of the future group, rose by over 3 per cent against its issue price of rs 664 in its trading debut on monday.the stock debuted at rs 674, reflecting a gain of 1.50 per cent from the issue price on bse. during the day, it soared 5.22 per cen...



hdfc standard life mops up rs 2,322 cr from anchor investors ahead of ipo




hdfc standard life insurance company today raised rs 2,322 crore from anchor investors, ahead of its initial public offer tomorrow.singapore's sovereign wealth fund temasek, norwegian fund norges, kuwait investment, t rowe price, fidelity, blackrock and jp morgan are among the anchor investors, acco...



sequoia's scorecard | business standard news




venture capital firm sequoia capital is gearing to raise up to $1 billion for its sixth india-focused fund. the new fund comes just two years after it raised $920 million for its fifth fund. since 2003, sequoia capital india has invested $1.69 billion across 361 companies inindia and $116 million in...



after stock rally, polaris consulting delisting offer may not go through




the delisting proposal for polaris consulting & services by virtusa consulting services, which owns 74.22 per cent in the company, is unlikely to go through as the stock price has surged over 60 per cent since its price before the delisting announcement.  the stock of polaris, which was trading at ...



reliance amc to create rs 165 cr war chest for acquisition




reliance nippon life asset management company, the country's largest amc today said it will earmark rs 165 crore for inorganic growth including acquisition of mutual fund companies."there is scope for inorganic growth in the mutual fund space. out of 54 players, 50 per cent are making losses...it pr...



china cracks down on hedge fund industry




china’s securities regulator is cracking down on the fast-growing hedge-fund industry, investigating 10 cases of alleged wrongdoing. officials are probing private fund practices including market manipulation, misappropriation of client funds, insider trading and trading by managers using their per...



fundraising via ipos at record high; crosses rs 40,000 crore mark in cy17




with the initial public offering (ipo) of general insurance corporation of india (gic re) getting fully-subscribed, fund-raising through the ipo route has hit a record high so far in 2017, crossing rs 40,000 crore mark. thus far in the calendar year 2017 (cy17), 28 companies have collectively mopped...



markets live: sensex down 100 points, nifty dips below 10,200; banks bleed




11:17 ammarkets checkat 11:15 am, the s&p bse sensex was trading at 32,522, down 86 points, while the broader nifty50 was ruling at 10,195, down 38 points.11:03 amsebi's new rules make mutual funds see red the securities and exchange board of india’s (sebi’s) new rules on ‘categorisation and r...



alteria capital makes first close for $125-mn venture debt fund




venture debt firm alteria capital, founded by two former executives of innoven capital, announced the first close of its maiden venture debt fund. it has received commitments of $55 million (rs 3.56 billion) for the rs 8-billion venture debt fund, with a greenshoe option of rs 2 billion. the money w...



state-run gic re slumps 14.5% on market debut




state-run general insurance corp of india (gic re) slumped as much as 14.5 per cent on market debut on wednesday after raising rs 11,176 crore ($1.72 billion) in the country's biggest initial public offering in seven years. concerns about valuations have marred the debuts for some of the recent insu...



bitcoin futures slide after trading debut on cme




this dec. 8, 2017, file photo shows the chicago board options exchange website announcing that bitcoin futures will start trading on the cboe on sunday evening dec. 10. the cme group, another security based on the price of bitcoin, the digital currency that has soared in value and volatility this ye...



adag group stocks : rcom down 15%, reliance nippon falls below issue price




shares of anil ambani-controlled reliance group companies (adag) remained under pressure by falling up to 15% on the bse in intra-day trade.reliance communications (rcom), reliance home finance, reliance nippon life asset management, reliance capital, reliance infrastructure,  reliance naval and en...